StoneX Group Inc. Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

StoneX Group Inc. lowered its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,354 shares of the company’s stock after selling 11,710 shares during the quarter. StoneX Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,915,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QQQM. Bank of Montreal Can raised its position in Invesco NASDAQ 100 ETF by 2,926.5% in the 3rd quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $4,208,000 after purchasing an additional 20,310 shares during the period. Captrust Financial Advisors grew its stake in shares of Invesco NASDAQ 100 ETF by 55.1% during the third quarter. Captrust Financial Advisors now owns 5,688 shares of the company’s stock valued at $1,142,000 after buying an additional 2,020 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $250,000. Benjamin Edwards Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 9,318.8% in the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock worth $303,000 after buying an additional 1,491 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.0 %

Shares of Invesco NASDAQ 100 ETF stock opened at $193.02 on Tuesday. The company has a market capitalization of $38.33 billion, a PE ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The stock’s fifty day moving average is $208.90 and its two-hundred day moving average is $208.02.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.3176 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Company Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.